Economics
Virus Threat Overshadows Boris Johnson’s Post-Vote U.K. Economy Bounce
- BOE Governor Mark Carney says impacts starting to emerge
- Supply chains, tourism already being affected, Carney says
Signs offer advice regarding coronavirus at the entrance to University College Hospital, which houses a 'coronavirus pod' isolation unit, in London.
Photographer: David Cliff/NurPhoto via Getty Images
This article is for subscribers only.
The economic bounce from Boris Johnson’s Brexit breakthrough could be cut short as the coronavirus casts a pall on the nascent recovery.
While there have been signs of a rebound in investment, retail sales and even house prices, Britain is an open economy that’s particularly susceptible to global events. The virus is already having an impact on the U.K., according to Bank of England Governor Mark Carney.